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== Economy == {{Further|Economy of the Kingdom of Mysore|Mysore silk}} [[File:Mysore India Infosys.JPG|thumb|[[Infosys]] [[office]] at [[Hebbal, Mysore|Hebbal]], Mysore]] Tourism and IT are the major industries in Mysore. The city attracted about 3.15 million tourists in 2010.<ref name="tourin">{{cite news|last=Kumar|first=R. Krishna|date=6 January 2011|title=Over 3 million tourists visit Mysore in 2010|newspaper=The Hindu|url=http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article1037287.ece|url-status=live|access-date=12 April 2012|archive-url=https://web.archive.org/web/20130103213850/http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article1037287.ece|archive-date=3 January 2013}}</ref> Mysore has traditionally been home to industries such as weaving, sandalwood carving, bronze work and the production of lime and salt.<ref name="histin">{{cite journal|last1=Sharma|first1=Ravi|year=2004|title=A city in transition|url=http://frontlineonnet.com/fl2103/stories/20040213002008900.htm|url-status=dead|journal=Frontline|volume=21|issue=3|archive-url=https://web.archive.org/web/20080103051541/http://www.frontlineonnet.com/fl2103/stories/20040213002008900.htm|archive-date=3 January 2008|access-date=29 February 2012}}</ref> It has many big IT companies like [[Infosys]] and [[Wipro]]. The planned industrial growth of the city and the state was first envisaged at the ''Mysore economic conference'' in 1911.<ref name="histin" /><ref name="mec">{{cite web|title=Mokshagundam Visvesvaraya|url=http://www.vigyanprasar.gov.in/dream/feb2000/article1.htm|url-status=dead|archive-url=https://web.archive.org/web/20070604111903/http://www.vigyanprasar.gov.in/dream/feb2000/article1.htm|archive-date=4 June 2007|access-date=1 October 2007|publisher=Department of Science and Technology, Government of India}}</ref> This led to the establishment of industries such as the Mysore Sandalwood Oil Factory in 1917 and the Sri Krishnarajendra Mills in 1920.<ref name="rao1927" />{{rp|270, 278}} Mysore has emerged as an industrial hub in [[Karnataka]] next to [[Bangalore]]. Mysore is part of the Bidar-Mysore Industrial Corridor. Major drivers of the economy are tourism, finance, manufacturing and industry which includes chemicals, petrochemicals, machinery, automobile, engineering, textiles and food processing sectors. A new industrial corridor plan is underway between Mysore and Bangalore.<ref>{{Cite web|title=Develop industrial corridor between Bangalore-Mysore: CII Chairman|url=https://www.inmysore.com/develop-industrial-corridor-between-bangalore-mysore-cii-chairman|access-date=29 August 2021|website=www.inmysore.com|date=3 March 2013|language=en-gb|archive-date=29 August 2021|archive-url=https://web.archive.org/web/20210829114648/https://www.inmysore.com/develop-industrial-corridor-between-bangalore-mysore-cii-chairman|url-status=dead}}</ref> For the industrial development of the city, the Karnataka Industrial Areas Development Board (KIADB) has established four industrial areas in and around Mysore, in the [[Belagola]], [[Belawadi]], [[Hebbal, Mysore|Hebbal]] and [[Hootagalli]] areas.<ref name="indarea">{{cite web|title=KIADB industrial areas|url=http://kiadb.kar.nic.in/industrialareas/industrialareas.htm|url-status=dead|archive-url=https://web.archive.org/web/20071002073352/http://kiadb.kar.nic.in/industrialareas/industrialareas.htm|archive-date=2 October 2007|access-date=1 October 2007|publisher=The Karnataka Industrial Development Board}}</ref> One of the major industrial areas near Mysore is [[Nanjangud]] which will be a satellite town to Mysore. Nanjangud industrial area hosts a number of industries like [[AT&S|AT&S India Pvt Ltd]], [[Nestlé India|Nestle India ltd]], Reid and Taylor, [[Jubilant FoodWorks|Jubiliant]], [[TVS Motor Company|TVS]], and [[Asian Paints]]. Nanjangud Industrial area also boasts being 2nd highest [[Value-added tax|VAT]] / Sales Taxpayer which is more than {{INRConvert|4|b}} after [[Peenya]] which is in state capital Bangalore. [[JK Tyre]] has its manufacturing facility in Mysore.<ref>{{cite news|date=22 August 2016|title=JK Tyre rolls out 10 million radial tyres|url=http://www.business-standard.com/article/companies/jk-tyre-rolls-out-10-million-radial-tyres-116082201041_1.html|url-status=live|archive-url=https://web.archive.org/web/20170214101339/http://www.business-standard.com/article/companies/jk-tyre-rolls-out-10-million-radial-tyres-116082201041_1.html|archive-date=14 February 2017|access-date=13 February 2017|newspaper=[[Business Standard]]}}</ref> The city has emerged as a hub of automobile industries in Karnataka. The major software companies in Mysore are [[Infosys]], [[ArisGlobal]], [[Larsen & Toubro Infotech]], Excelsoft Technologies and Triveni Engineering.<ref>{{cite web|date=6 March 2017|title=Two-Day Avishkaar-2017 begins|url=http://starofmysore.com/two-day-aavishkaar-2017-begins/|url-status=live|archive-url=https://web.archive.org/web/20170810171951/http://starofmysore.com/two-day-aavishkaar-2017-begins/|archive-date=10 August 2017|access-date=17 June 2017|newspaper=[[Star of Mysore]]}}</ref><ref>{{cite web|date=25 September 2016|title=Wipro conducts 'Spirit of run'|url=http://www.financialexpress.com/industry/wipro-conducts-spirit-of-run/390764/|url-status=live|archive-url=https://web.archive.org/web/20170214003440/http://www.financialexpress.com/industry/wipro-conducts-spirit-of-run/390764/|archive-date=14 February 2017|access-date=13 February 2017|newspaper=[[The Financial Express (India)|The Financial Express]]}}</ref><ref>{{cite web|date=19 January 2016|title=Karnataka clears Uber, Reliance Comm Infra expansion projects|url=http://www.thehindubusinessline.com/news/national/karnataka-clears-uber-reliance-comm-infra-expansion-projects/article8124229.ece|url-status=live|archive-url=https://web.archive.org/web/20180303214239/https://www.thehindubusinessline.com/news/national/karnataka-clears-uber-reliance-comm-infra-expansion-projects/article8124229.ece|archive-date=3 March 2018|access-date=13 February 2017|newspaper=[[Business Line]]}}</ref> The growth of the information technology industry in the first decade of the 21st century has resulted in the city emerging as the second largest software exporter in Karnataka ({{as of|alt=as of|2007}}), next to Bangalore.<ref>{{cite web|date=23 May 2007|title=Mysore second in State in software exports|url=http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/Mysore-second-in-State-in-software-exports/article14767462.ece|url-status=live|archive-url=https://web.archive.org/web/20180303214238/http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/Mysore-second-in-State-in-software-exports/article14767462.ece|archive-date=3 March 2018|access-date=28 September 2017|newspaper=[[The Hindu]]}}</ref><ref>{{cite news|last=Khan|first=Liaqh A.|date=6 June 2008|title=Software exports hover around Rs. 1,100 cr.|newspaper=[[The Hindu]]|url=http://www.hindu.com/2008/06/06/stories/2008060651900300.htm|url-status=dead|access-date=19 February 2012|archive-url=https://web.archive.org/web/20081007062927/http://www.hindu.com/2008/06/06/stories/2008060651900300.htm|archive-date=7 October 2008}}</ref> Mysore also has many shopping malls, including the [[Mall of Mysore]] which is one of the largest malls in India and Karnataka. Retail is also a major part of the economy in Mysore. Mysore also hosts many central government organisations like [[Central Food Technological Research Institute|CFTRI]], DFRL, [[Central Institute of Petrochemicals Engineering and Technology|CIPET]], [[BEML]],<ref>{{cite web|date=11 July 2016|title=BEML opens service training centre at Mysore complex|url=http://www.thehindubusinessline.com/companies/beml-opens-service-training-centre-at-mysore-complex/article8834905.ece|url-status=live|archive-url=https://web.archive.org/web/20180303214240/https://www.thehindubusinessline.com/companies/beml-opens-service-training-centre-at-mysore-complex/article8834905.ece|archive-date=3 March 2018|access-date=13 February 2017|newspaper=[[Business Line]]}}</ref> RMP (Rare Material Project), [[Reserve Bank of India|RBI]] Note printing Press and RBI Paper Printing Press.
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